Dov Baron: Leadership And Loyalty Show For Fortune 500 Executives, Family Businesses, Leadership Speaker-consultant, Business

Have you been bothered by someone who responded with "whatever” to you? I don't know about you, but I find that response dismissive and disrespectful. . Bain & Company is a global consultancy whose research has found a consistent correlation between a company's ability to make and execute decisions and its financial performance. Companies that excel at decision effectiveness outperform their peers by a significant margin—over four times the returns to shareholders over 5 years and higher profits. . Bain's research has revealed some of the typical decision-making mistakes that companies often fall into, each with its own potential pitfalls: . Perfectionism - Pursuing the 'perfect' decision can often lead to delays and missed opportunities. It's crucial to prioritize timely, well-informed decisions over perfection.  . Indecision/Inaction—Failing to decide, thinking that not deciding is better than making a mistake. This decision can also have negative consequences. . Dodging or avoiding difficult decisions